Sands Horizon Inc

Analysis

Sands Horizon Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Sands Horizon Inc reported income of $205k and spending of $224k, spending 109% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $184k to $205k (+11%), an average of +2.7% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sands Horizon Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include DC Housing Solutions ($205k), Elisha Ministries ($205k) and Orchard Park Resources Inc ($204k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $26k (12% of expenses). Other salaries and wages came to $19k. At year end it held assets of $1.2m against liabilities of $67k, net assets of $1.2m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.